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Whitbread is a British multinational hotel and restaurant company headquartered in Houghton Regis, England.The business was founded as a brewery in 1742 by Samuel Whitbread in partnership with Godfrey and Thomas Shewell, with premises in London at the junction of Old Street and Upper Whitecross Street, along with a brewery in Brick Lane, Spitalfields.
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Whitbread ran more than 50 David Lloyd Leisure (DLL) clubs in the UK with a further number in Spain, the Netherlands and Belgium. However, by the mid-2000s, the business was giving Whitbread a poor financial return, [5] and on 2 August 2007 they sold it to London & Regional Properties and Bank of Scotland for £925 million. Whitbread used the ...
Due to its high level of debt the company stopped paying dividends to shareholders in 2009. [8] Ted Tuppen stood down as Chief executive in February 2014 [9] and Enterprise Inns rebranded to Ei Group in February 2017. [10] In July 2019 Stonegate Pub Company announced its intention to acquire Ei Group for £1.27 billion. [11]
LONDON -- Whitbread (ISE: WTB.L) has advanced 36% to 2,116 pence so far during 2012, making the share one of this year's best performers in the FTSE 100. The U.K.'s largest hotel and restaurant ...